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GDP
$7.55BCURRENT US$
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GDP GROWTH
18.4%CURRENT US$
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$4.23TCURRENT US$
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-32.5%CURRENT US$
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GDP PC 
$118,846CURRENT US$
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GDP PC GROWTH
20.7%CURRENT US$
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GDP PC
$33,815CURRENT US$
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Bermuda-Japan In 2022, Bermuda exported $31.5k to Japan. The main products that Bermuda exported to Japan are Collector's Items ($13.8k), Oscilloscopes ($5.24k), and Knit T-shirts ($5.16k). During the last 27 years the exports of Bermuda to Japan have decreased at an annualized rate of 15%, from $2.54M in 1995 to $31.5k in 2022.

In 2022, Bermuda did not export any services to Japan.

Japan-Bermuda In 2022, Japan exported $12.2M to Bermuda. The main products that Japan exported to Bermuda were Cars ($3.27M), Delivery Trucks ($1.79M), and Paintings ($1.21M). During the last 27 years the exports of Japan to Bermuda have decreased at an annualized rate of 6.05%, from $65.5M in 1995 to $12.2M in 2022.

In 2022, Japan did not export any services to Bermuda.

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $31.5k to Japan. The main products exported from Bermuda to Japan were Collector's Items ($13.8k), Oscilloscopes ($5.24k), and Knit T-shirts ($5.16k). During the last 27 years the exports of Bermuda to Japan have decreased at an annualized rate of 15%, from $2.54M in 1995 to $31.5k in 2022.

In 2022, Japan exported $12.2M to Bermuda. The main products exported from Japan to Bermuda were Cars ($3.27M), Delivery Trucks ($1.79M), and Paintings ($1.21M). During the last 27 years the exports of Japan to Bermuda have decreased at an annualized rate of 6.05%, from $65.5M in 1995 to $12.2M in 2022.

Exports from Bermuda (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Bermuda (Flag) (2022)

Latest Data

Trade between Bermuda (Flag) and Japan (Flag)

Bermuda Exports

Japan Exports

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
Japan
Top Destination
United States$137B

This map shows whether countries import more from Bermuda or Japan. Each country is colored based on the difference in imports they receive from Bermuda and Japan or the difference in the growth in imports.

In 2019, no countries were registered that imported more from Bermuda than from Japan.

In 2021, countries that imported more from Japan than Bermuda were United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - Japan

Flow
Scale

This chart compares trade between Bermuda and Japan by product, considering products traded by both, Bermuda and Japan.

During 2022, Bermuda had a large net trade with Japan in the exports of Arts and Antiques ($17.7k), Instruments ($5.24k), and Textiles ($5.16k).

During 2022, Japan had a large net trade with Bermuda in the exports of Transportation ($5.4M), Machines ($4.32M), and Arts and Antiques ($1.21M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bermuda has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Bermuda.

Product Space of Bermuda (Flag) and Japan (Flag) (2022)

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